29 Januari 2021, GBP/USD
Technical observation
For two consecutive weeks now GBP has been trading with an increasing bullish bias, I expect this pair to rise steadily to the resistance line 1.4249 followed by either a clear breakout above it with a big green candle, or a bounce at it followed by a correction to the supportive zone 1.3461-1.3409. If you bought this pair within the zone mentioned above and is currently long, remain lone with your take profit at 1.4249 and stop loss at 1.3047. If this take profit is triggered and there is a clear breakout above it with a big green candle, I expect a further surge to the upper resistance level indicated at 1.5022.
Trade recommendation
Remain long with your take profit at 1.4249.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from January 18 to 29, 2021.
2. Send a request to [email protected] with your account number funded.
en 
cn 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 